MediaTek : Announcememt for the capital reduction in cash approved by the board of directors on behalf of MediaTek Investment Singapore Pte. Ltd., a subsidiary of MTK
Announcememt for the capital reduction in cash approved
by the board of directors on behalf of MediaTek Investment
Singapore Pte. Ltd., a subsidiary of MTK
Date of events
2022/07/29
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/07/29
2.Reason for capital reduction:Increase treasury management efficiency
3.Amount of capital reduction:USD 680,000,000
4.Cancelled shares:680,000,000
5.Capital reduction percentage:23.19%
6.Share capital after capital reduction:USD 2,252,854,881.08
7.Scheduled date of the shareholders meeting:NA
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:NA
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:NA
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:NA
11.The record date for capital reduction:NA
12.Any other matters that need to be specified:
Company holds 100% of MediaTek Investment Singapore Pte. Ltd.
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Mediatek Inc. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 08:54:06 UTC.
MediaTek Inc is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of multimedia integrated circuit (IC) chipsets. The main products including mobile communication chipsets, tablet computer chips, bluetooth chips, wireless local area network (WLAN) chips, global positioning system (GPS) chips, optical storage chipsets, artificial intelligence Internet of Things device single chips, automotive electronic chipsets and others. The Company is also involved in the provision of related design, testing, maintenance and technological consultancy services. The Company's products are mainly used in mobile phones, digital TVs, personal computer systems, digital home appliances, wearable devices and Internet of Things products. The Company mainly distributes its products in domestic and overseas markets.
MediaTek : Announcememt for the capital reduction in cash approved by the board of directors on behalf of MediaTek Investment Singapore Pte. Ltd., a subsidiary of MTK